Stock VARDMNPOLY VARDHMAN POLYTEX LIMITED
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Company Vardhman Polytex Limited

Equities

VARDMNPOLY

INE835A01011

Textiles & Leather Goods

Delayed Bombay S.E.
Other stock markets
 06:00:48 2024-04-30 am EDT 		5-day change 1st Jan Change
90.03 INR +4.99% Intraday chart for Vardhman Polytex Limited +11.29% +56.00%
Apr. 02 Vardhman Polytex Limited Announces Resignation of Sandeep Mehta as Independent Director CI
Mar. 28 Vardhman Polytex Gets Board Nod for Proposed Stock Split, Sale of Inefficient Plant, Machinery MT

Business Summary

Vardhman Polytex Limited is an India-based holding company. The Company’s principal activity is manufacturing of yarn and garments. The Company’s factories/units are located Bathinda, Punjab; Ludhiana, Punjab, which has an annual production capacity of five lakh pieces; and Nalagarh, Himachal Pradesh. The Company's yarn portfolio includes cotton yarns (carded, combed, organic, better cotton initiative and supima), cotton polyester yarns to value added yarns (grey and dyed) in variable counts. The Company’s technology comprises of various machinery manufacturers, Rieter, Trutzschler, Kirloskar Toyota, Schlafhorst, Murata, Volkmann, Xorella, Loptex, Uster, Luwa, Fongs, Thies, SSM and Monga Strayfield. It has a capacity of dyeing 15 tons of yarn per day. Its dye house is equipped with technology imported from manufacturers, such as Fongs from Hong Kong, SSM from Switzerland, Monga Strayfield from United Kingdom and Detin from Italy.

Number of employees: 2,076

Sales per Business

INR in Million2022Weight2023Weight Delta
Grey Yarn
71.1 %
7,547 81.3 % 4,378 71.1 % -41.99%
Dyed Yarn
12.5 %
947 10.2 % 771 12.5 % -18.58%
Waste
9.0 %
754 8.1 % 553 9.0 % -26.58%
Trading Goods (Textile)
7.5 %
7 0.1 % 459 7.5 % +6,875.13%
Rebate and Discount
-0.5 %
-10 -0.1 % -32 -0.5 % +227.74%
Job Charges
0.2 %
31 0.3 % 13 0.2 % -57.83%
Garments
0.2 %
10 0.1 % 12 0.2 % +16.71%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
9,288 100.0 % 6,155 100.0 % -33.73%

Managers

Managers TitleAgeSince
Adish Oswal CEO
 Chief Executive Officer 44 03-07-31
R. M. Soni DFI
 Director of Finance/CFO 52 20-08-31
Ajay Kumar Ratra CMP
 Compliance Officer 53 18-11-11
Amitabh Singh Dagar PRN
 Corporate Officer/Principal 50 03-09-26
Sandeep Kumar AUD
 Comptroller/Controller/Auditor 50 14-05-21

Members of the board

Members of the board TitleAgeSince
Adish Oswal CEO
 Chief Executive Officer 44 03-07-31
Manju Oswal BRD
 Director/Board Member 66 17-08-11
Suresh Kumar Banka BRD
 Director/Board Member 62 20-08-31
Sagar Bhatia BRD
 Director/Board Member - 22-08-11
Sanchi Taneja BRD
 Director/Board Member - 23-07-17

Company contact information

Vardhman Polytex Ltd.

Vardhman Park Chandigarh Road

141123, Ludhiana

+

http://www.oswalgroup.com
address Vardhman Polytex Limited(VARDMNPOLY)

Sector

Consumer Cyclicals
Cyclical Consumer Products
Textiles & Apparel
Textiles & Leather Goods
Yarn Goods

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Yarn Goods
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